While paging through a few charts, IDFC caught my attention. I was reminded of my mentor’s quote “there are no accidents in price”. Stock price has this tendency to get…Continue Reading
The price action in the Tata Motors stock has been volatile during the past few weeks. From the daily chart featured below, it is apparent that the stock cracked sharply…Continue Reading
Lots of analysts and market participants have highlighted and also been concerned about the loss of momentum behind the recent leg of the rally in the Nifty. But a logical…Continue Reading
Hindustan Unilever has been a laggard of late. Saying today that the stock is in a short-term downtrend is of no particular value, especially after a 10%+ fall in the…Continue Reading
Let me start off with a simple analogy before getting any further. I have an old radio which works pretty fine. I listen to my favorite program in Radio Mirchi…Continue Reading
Anyone interested in Technical Analysis would have read about Fibonacci Retracement, projections and the fractal nature of markets. Typically, analyst use the prior up-swing to identify potential area of support…Continue Reading
With the dawn of the new year, it is customary to talk about resolutions, irrespective of whether we follow it or not. Let’s talk about the typical mistakes a trader…Continue Reading
As 2012 draws to a close, it is only customary to take stock of the year that was, in the stock markets. This year, the markets threw plenty of surprises…Continue Reading
It’s that part of the year when it is time to discuss the outlook for the year ahead. We had last discussed the outlook for the Nifty on November 16.…Continue Reading
The last five years have not been easy to sail in the stock market waters. At 19,000 levels the Sensex is in fact lower than what it was five years…Continue Reading